Last $24.17 USD
Change Today +0.02 / 0.08%
Volume 164.5K
WRE On Other Exchanges
As of 8:04 PM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).
text size: T | T
Back to Snapshot
Company Description

Contact Info

6110 Executive Boulevard

Suite 800

Rockville, MD 20852

United States

Phone: 301-984-9400

Fax: 301-984-9610

Washington Real Estate Investment Trust, a real estate investment trust (REIT), engages in the ownership and development of real estate properties in the greater Washington—Baltimore region. The company owns a diversified portfolio of general purpose office buildings, medical office buildings, industrial/flex properties, multifamily buildings and retail centers. Portfolio As of December 31, 2006, the company owned a diversified portfolio of 82 properties consisting of 24 general purpose office properties, 13 medical office properties, 14 retail centers, 9 multifamily properties, 22 industrial/flex properties and land held for development. The company engages in ground-up development. The company has three ground-up development projects underway. The first is a 224-unit apartment property in Arlington, VA, referred to as Bennett Park, and the high-rise building. The second is a 75-unit apartment property in Alexandria, VA referred to as The Clayborne Apartments. The third is its Dulles Station in Herndon, VA. The property is entitled for two office buildings totaling 540,000 square feet. Tenants The company’s Federal government tenants include the Department of Defense, U.S. Patent and Trademark Office, Federal Bureau of Investigation, Office of Personnel Management, Secret Service, Federal Aviation Administration, NASA and the National Institutes of Health. WRIT’s larger non-federal government tenants include the World Bank, Sunrise Senior Living, Inc., Sun Microsystems, INOVA Health Systems, URS Corporations, George Washington University, Lockheed Corporations, United Communications Group and Westat. Acquisitions During 2006, the company acquired four general purpose office buildings, eight medical office buildings, three retail centers and seven industrial properties. Dispositions During 2006, the company sold three office buildings and one industrial property. Tax Status The company has elected to be taxed as a real estate investment trust (REIT) under the Internal Revenue Code of 1986, as amended. As a result, the company generally is not subject to Federal or State income taxation at the corporate level to the extent it distributes annually at least 90% of its REIT taxable income to its shareholders and satisfies certain other requirements. History Washington Real Estate Investment Trust was founded in 1960.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
WRE:US $24.17 USD +0.02

WRE Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for WRE.
View Industry Companies

Industry Analysis


Industry Average

Valuation WRE Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 6.1x
Price/Book 2.1x
Price/Cash Flow 13.1x
TEV/Sales 1.3x

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact WASHINGTON REIT, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at